ICE/MN; Tariffs; Save Act; Taiwan & Japan; Iran; Venezuela; EU Deregulation? | Yaron Brook Show

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The radical fundamental principles of leader, rational self-interest, and individual rights.

This is the Iran Rochelle.

Oh, hey, everybody.

Welcome to your own book show on this Thursday.

February 12th, I hope everybody's having a fantastic week.

And yeah, it's already mid-February, the time keeps chugging along.

All right, let's see, yeah, as I said, shows all through the rest of the month, pretty

much every day, including Saturday and Sunday, this coming weekend, I will put out notices

into the topics.

We'll also do a member show this month, either this Sunday or next Sunday, I'll let you

know what the topic will be, essay of our Iran or something else, but there will cover

in that show suggestions or welcome.

If you'd like me to do an essay, if you'd like the essay shows, those of you who are members,

and I will be gifting some memberships today, maybe, maybe, if you're nice, I'll give

some memberships.

And so we will do our members only show.

So again, if you're interested in, if you're a member, and you'd like the essay shows

then, let me know.

I'll also remind you of the UK event, February 28th, four hours on capitalism, plus dinner

afterwards, a great time to hang out, small group, 300 pounds, you can find information

on it, you're on bookshow.com, just scroll down to the event sections and you will find

the link to the ever link, ever, ever bright, ever bright web page.

I know last time I did an event in London, it was hard to register and it was cumbersome.

I think this time should be pretty straightforward, it's all through ever bright.

I think it works fine, somebody's already registered, we just took it live yesterday.

So I also put the link in the chat.

If you're in Europe, come on over to London, lots of things to do in London, lots of

fun to be had in London, and God, so many song requests, what's up?

All right, I'll take it, nice social revenue, I'm backed up on the reviews, I'll have to

catch up on all these reviews, but thank you Lincoln for another $100 for a song.

Yeah, we haven't even started this show, and we've already basically made our first hour

of target, so thank you guys, I really, really appreciate that, and keep it coming, keep

it coming, let's keep going, blow away the numbers, we'll make it a great February.

Let's make February a great month again, actually last February, super chat was really, really

good for some reason, you know, I follow this monthly, let's jump in, news, ice.

The, uh, uh, homin who is, uh, what is he technically?

What is his actual designation?

He's the Borezzar, he's the Borezzar, I don't know who, yeah, I think he puts, they're

actually Trump, I don't know if you're puts through, uh, gnome or not, but the Borezzar,

Tom homin who was sent to Minneapolis, Minnesota, really to clean up the mess that had been

created there by the shooting of two US citizens, and just the general harassment of the population

in Minneapolis, but really all of them in Minnesota announced today an end to the immigration

enforcement surge in Minnesota. He said in the next week, we're going to deploy those offices here

on detailed back to their home stations or other areas of the country where they are needed.

Obviously this is a victory for anybody who lives in Minnesota in Minneapolis, maybe not a

victory for the people who are now going to get these agents in their backyard, but this is good.

After weeks and weeks of basically ice harassment of hardworking people in Minneapolis,

the shuttering of businesses, the destruction of businesses, the destruction of infrastructure,

the anger of people living in Minneapolis, you know how many arrests ice made of

immigrants committing fraud against the U.S. government? I think it's exactly, exactly zero.

A number of criminals, violent criminals is well under 10%. The rest are just hardworking people living

in Minnesota. Yes, they don't have their docs. For that, they turn Minneapolis upside down. They

disrupted lives. They ended neighborhoods and they literally destroyed the lives of two people

and their families. So, you know, they are, they are, it seems, leaving. Now, Homan said that,

yeah, one of the reasons we're leaving is Minneapolis has now decided to cooperate,

law enforcement is now cooperating with us and they're handing over all the criminals that

they arrest to illegal. All evidence suggests that that was going on before ice showed up. The

Minnesota has not changed its operations one bit. The end that indeed, you know, basically nothing

changed, nothing changed. Remember, Greg Morvino, who was the public face of the whole

immigration enforcement in Minneapolis, was basically removed from Minneapolis after the

second killing and yesterday there was a Senate Homeland Security Committee hearing on the

whole immigration actions in Minnesota and with the ice acting director and, you know, the head

of the border protection commissioner, the customs and border protection commissioner. Now, I don't

know, did they report to the czar or, you know, we in America have czar's now, you know what,

czar, czar, czar, czar, czar, czar, czar, czar, czar, that sounds pretty funny. But czar's are

dictators. Russian dictators are all places. We've imported the term czar from Russia. We now have,

and every administration for a long time, it'd been, it'd been appointing czar's for different

things, which is ridiculous. Not clear what Homan czar domain includes. But anyway, these two

in front of the Senate hearing, they both denied the pretty, for example, pretty's actions constituted

domestic terrorism. That's good. They denied that they had described this action that way

to Chrissy Nome, inspired the fact that she used those terms as the Homeland Security advisor,

Stephen Miller used those terms, but they denied they had ever used those terms.

So who made comments to who made, right? Did these guys, these guys didn't want to comment on what

Nome and Miller said? Well, somebody asked to take responsibility. I mean, this is an

administration where there is no, well, there's a buck, but it never stops anyway. It just gets

shuffled around. I mean, Bavino is the only one who suffered anything from the disaster that

was the deployment of ICE to Minneapolis. I mean, a lot of heads should have rolled, a lot of

heads should have rolled. Anyway, it's good to see that Minneapolis will now be able to go back

to normal, hopefully, and that ICE will continue to do what ICE does when it doesn't have a

surge like that. The risk is, and when they don't shoot American citizens, then the risk is

that they don't get any attention that we forget about them. And they continue to do the same

horrific things to people. They continue to harass and detain and residents of the United States,

some of them citizens, some of them illegal, some of them illegal don't have their dogs.

And we forget about it. So we are new on book show. We'll now forget. We will keep monitoring ICE.

We will keep searching for information about ICE. It is, it is an organization that I believe needs

to be dismantled should have been dismantled long, long time ago. They are, you know, these are

stormtroopers and they need, they need to be shut down. And now we'll see, remember that Congress

extended their budget for two weeks. And they're still, they're negotiating kind of changes

to ICE protocols in order to approve a new budget for ICE. And so that is coming down. The

pipe will see how that develops and how that evolves. That will probably be a big new story

next week. If not, the budget gets ended and then what happens. So you know, maybe that's the

way to do it. Just don't fund ICE. No more money for ICE. I like that. I hope they can't find

a compromise. Let's do a government shutdown focused on ICE. I generally like government shutdowns.

Government does so many things that are unnecessary and wasteful and destructive and bad that,

you know, shutting it down once in a while. I mean, it's not as good as shutting those activities

down completely, permanently, but a little, a little reprieve from your local inspector, your federal

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It's a mysterious sense of like how the people in Homeland Security are thinking. Yeah,

right. The quality of the people who run Homeland Security. This is the largest department in

government. I think it's, maybe it's not as large as the defense department, but second to

defense department doesn't have as many employees as the defense department, but other than

defense, this is the largest department in the government. And it is, it is a, it is a monstrosity.

It was created after 9-11 and given a huge amount of power, the Homeland Homeland Security

should be shut down. It should, you know, you should have a border, border agency and you should have

a TSA should go. It should be privatized. But the whole infrastructure, which allows them to

create an ice entity that can be an internal policing force at the federal level, all of that

should be gone. I'm a free market guy. I know I get, you know, I get constantly accused online

of being a leftist because if you disagree with Trump, you're a leftist. If you point immigration,

you're a leftist. But I'm pro liberty. I'm pro freedom. And when I mean freedom and liberty,

I mean for the individual. I'm pro individual rights. The right of the individual to pursue his life

as he sees fit using his own judgment to pursue his own values without interference of anybody.

You know, as long as he's not violating somebody else's rights, let's be very clear here.

Immigrants do not violate anybody's rights. You can argue about, you know, in a welfare state,

can we have immigrants or not? But you have to recognize the fact that immigrants do not violate

anybody's rights. And if taking welfare as a rights violation, well, Americans violate those

rights at a much higher rate than immigrants do, because they consume much more welfare than immigrants do.

And indeed, immigration restriction, like what ICE does, is a violation of the rights of immigrants

who have violated nobody's rights and yet their freedom is being constrained. And a violation

of the rights of Americans who have the right to assemble, have a right to interact, have a right to

contract, have the right to employ, have a right to engage with whoever they want. As long as they don't

violate anybody else's rights and by interacting, engaging, hiring immigrants, they're not violating

an American's rights. You do not have a right to a job. For that matter, you don't even have a

right to your culture. So I'm for individual rights. That's the principle. Everything you hear

on the Iran book show, everything, everything is an attempt to apply the principle of individual

rights to what's going on in the world today. I know individual rights, I know it's hard.

It's the idea on which this country's founding is based. It's the idea at the core of the

Declaration of Independence and the Constitution. It's the principle that animates, it should animate,

has animated in the past. This country sort of makes America America. And all the crazy anti-immigrants

out, anti-immigration out there, all the pro-Trump intervention in our lives, in the economy and

everything else, are anti-American, the anti-the founding, the anti-the Declaration because the

anti, fundamentally anti-individual rights. So while I don't mention individual rights every single

time we talk about it, that's the principle. Animates all of this discussion. Anyway, just to give

you a sense of our little homeland security understands the concept of rights, understands what

makes America special, understands that America is different than other countries, and then understands,

and they don't understand the fact that America is unique is exceptional. And what makes it exceptional

is your individual rights, your liberty, your freedom as an individual. This is a tweet today

from Homeland Security. You know, they have an account. It's unbelievable, actually.

Here is a list of Latin American countries where law enforcement demand proof of identity

under reasonable suspicion or during investigation. Whatever the hell that means. I added,

whatever the hell. And the list Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican

Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru,

Uruguay, and Venezuela. I'm surprised. They have Cuba in there. They have Cuba in Cuba. In Cuba,

it's okay for law enforcement to demand proof of identity. Wow, now I'm reassured. And then they say,

here was a list of countries where leftists, I guess like me, want this routine practice to end

the United States. I mean, is there a way to express the anger, frustration,

horror of a statement like this? Please send this tweet to all those people out there that you know

personally who think this administration is the greatest ever and ask them if this is what they

think America is. It should become like Cuba in Nicaragua, you know, and Venezuela. That's the standard.

In America, law enforcement cannot demand proof of identity unless there is, you know, real,

a real reason for it. And even then, you as an American are not obliged to provide it because you

might not have it on you because as Americans, we are not, not required to carry it. When you drive,

you need to drive this license. Okay, other than that, I don't think you even need to drive

this license to walk along the streets and you're in neighborhood. You know,

certainly a passport, bus certificate, prove you an American DNA test. Maybe we should have a DNA

profiles out because that's what they do in Cuba. So it's legit. And if you don't agree with doing

things the way they do it in Cuba, you are a leftist. Not the Cubans. I mean,

I don't know. This should be self-evident. I mean, and look, this is legitimate post,

Homeland Security from Newark County. Not a made up post, not AI. The Department of Homeland

Security wants the United States to become more like Latin America, more like Cuba, more like Cuba.

They want to replace the Constitution with foreign ideas about law, while claiming to make America

great again. I said this in 2015 and I've said it every year since Donald Trump and the people he

has surrounded himself with have no idea, no idea what America is, what America represents,

what America is about, what the American spirit is. I mean, on the one hand, they get all upset

because bad money saying in Spanish. On the other hand, they want us to trash the Constitution

and embrace legal principles from Cuba. Never mind Puerto Rico. Cuba.

All right. I mean, we should send a shake of our t-shirts to Donald Trump. Maybe you'll

wear it. You think you'll wear it? All right. You know, it really isn't seen. It really is not

spit. That's where we are. And yes, this administration is worse than pretty much any other.

I mean, the others were probably more really socialist, but they hit it. They had enough respect

from the American people to hide it. This administration wants to make us like Cuba and they don't

have any problem with telling us. I mean, yes, I'm being a little flippant here, but they want to make

us like Latin America. That's true. And they have no, they're not hiding at all. All right. Actually,

unbelievably, really stunningly, Congress has acted with regard to one very now,

specific issue. They've acted in a positive way in a way I support. That's very unusual.

And in a way, Donald Trump won't like and indeed is going to veto.

Yesterday, yesterday, I think it was yesterday, there was a vote on terminating the emergency tariffs

under the IEPA, that is the law that Trump is using that's before the Supreme Court.

It was a resolution to terminate Trump's IEPA emergency tariffs on Canada.

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Not overall, which is what they should have done on Canada, a friend.

And they voted 219 to 211 indeed to terminate. That included six Republicans flipping.

And voting with Democrats. 210 Republicans shame on those Republicans. Don't vote for them.

210 Republicans voted no. One Democrat voted no. Don't know who that is. Flip him.

Voting against him. But the resolution passed 111 to 211 to terminate the emergency tariffs on Canada.

The Senate has already passed it. They got what is it? Three or four Republicans to flip over.

And they passed it in the Senate. And that means it goes to Donald Trump and he will veto it.

And the shocking reality is that I don't think in either House of Senate there's enough

a majority to overturn his veto. It's shocking because this is not hard. This is really easy.

These tariffs broadly, unconstitutional, so Congress should repeal them, should vote against it.

And they make no sense. They're hurting the American people. They're destructive to the American people.

And like you could argue in some vague crazy way, okay, on other countries, this is a this is

to negotiate. This is national security. It's no emergency or national security issue with Canada

in spite of the Trump administration claim. Fentanyl does not come from Canada.

And you know, overwhelming majority of Congress from both parties should be voted to terminate

these crazy stupid tariffs. And yet you could only get six Republicans to flip.

This is a political party with no spine, no principles, no ideas. I mean, the Democrats have always

been like this, most of the Democrats. And now an overwhelming majority of Republicans are like this

as well. And now we just have two political parties with nothing. Zero nada. They just go along.

All right, also, on tariffs, the CBO, the Congressional Budget Office. This is a supposedly non-partisan

budgeting. They're the ones that score the budgets. They make predictions about when Congress

proposes a budget. They say, this is how much it's going to cost. This is going to be the deficit.

This is this long-term consequences on the economy. This is what the CBO does. Not particularly

good at it. But you know, they try. There is good as economists can do in a mixed economy

about these kind of projections. Anyway, the CBO says that President Trump's tariffs

passed on to the US economy almost entirely, 95%, which is consistent with that study. I told you

about where it was 96%. Both through what he called it, US importers, the companies, and then

the consumers, together paying 95% of all the tariffs. They also came to conclusion that tariffs

affect 61% of US imports. And generally, overall, in terms of their impact, will reduce investment

in the United States, reduce employment, lower efficiency, and lower the level of GDP. That is,

not that it would go down, but it would be lower than otherwise.

So, shockingly, even the government's own economists, the one working for the politicians,

acknowledge the destructive nature of Trump's tariffs.

Trump is, you know, and is congressional and other, you know,

colonies don't care. They'll still push for them, even though reduces investment,

reduces employment, reduces efficiency, and reduces GDP. It's okay. They still have strategic

purpose. And all it is is a tax increase on Americans. We pay it. Oh, and they'll bring back

manufacturing. Why is manufacturing employment down 83,000 jobs last year? I guess,

I guess jobs are not coming back. I don't know who would have expected it. I wonder if there was

anybody out there, anybody out there who said tariffs won't bring back manufacturing.

Indeed, I wonder if there's somebody out there who has said, maybe for the last 15 years,

manufacturing jobs are not coming back to the United States.

I don't know. Maybe somebody said that.

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Yeah, let's see what else at one of the thing. Yeah, here's an example of how it kills

manufacturing. It not just doesn't bring manufacturing back, it destroys manufacturing.

So, this is a company called Pierra. Some of you might know it. It was founded in 1993.

And they produce guitar pedals. They manufacture guitar pedals. I didn't know there was such a

thing, right? This is what they specialize in. And they are in the United States. They produce

these pedals in the United States. This is what the owner has to say. The founder, small firm,

small company. You know, it's not going to lobby to get excluded from pedals, but you say

from tariffs, but you say, wait a minute, they produce the pedals here. So why are they any tariffs?

Ah, this is the big secret of tariffs. He says, I really don't know how long I can keep going with

this, especially with what's going on in this world and making less profit every year. It just

doesn't seem worth it anymore. He says, every part we get is going to cost 50% more due to tariffs.

We pay the tariffs and then the consumer pays the tariffs. China is not paying the tariffs.

They never have. He says, there's always been a problem with parts. In 2025, the tariffs were

were changing every month. There were certain times where we had to say, don't ship our switches or

don't ship us any prints of tone. These are overdrives, I guess, because the tariffs are too high

right now. Or then we'll say, okay, ship them now. And then they get here and we have to pay twice

as much for the parts as we did before because some genius decided to double the tariff that month.

So it's just pretty scary. The reality is that manufacturing in the United States still

get parts from elsewhere. And if you think you can bring the entire supply chain of the world

back to the United States, you're nuts. And if it did somehow happen,

outstanding living, how quality of life would tumble, would be destroyed, wages would go down,

would go down. There's a reason why China makes some of these things. It's because you can make

a profit making them here in the United States. And if you did, you have to pay people nothing.

And nobody's willing to pay for nothing. It'll work for nothing in the United States. I mean,

very low wages. Oh, I mean, maybe immigrants, but we don't allow them. They're evil. We don't allow

immigrants. And we don't have the expertise. We don't have the people who want to do the manual

labor involved in this. I mean, the jobs we have today, Americans generally, a better they pay more,

most of you sit on a chair and a desk and work on a computer. That is so much easier than

working on an assembly like. And for the most part, so much more interesting, so much less boring.

I mean, service jobs dramatically superior to the kind of manufacturing jobs

that suppose that have shifted to automation or to China. Do we really want those jobs back?

It's insane to think that anybody does nothing good about the good old days. There's nothing good

about the good old days in the 50s. Actually, there was a good essay. There's a good essay

by John Carcron on this. Let's see if I can find it. Read your part of this. Yeah, I don't know

if I don't know how you find this stuff now. God, those are all like peepers. Where's the

Guumpy Economist? Where's this blog site with the Guumpy Economist? I don't want to know that. I want

blog. Maybe that's it. Substack. Oh, he's got a substack. That's right. You have to go to his

substack. All right, here we go. Let's see. Let's see if I can read you some of this if

if you're offered. Now, this is some John Carcron economist. What was the best error for the US

economy? Many people say it was the 1950s. When as feeble goes, the economy was growing robustly.

Many facturing was strong. There were good union jobs for not very skilled people. And a man,

a man, sorry, it was a man could buy a house and support a family on such a job. Now, of course,

we're women. You they place and a man was a man and had muscle, whatever. Not so fast, John Carcron says,

look at the standard of living. Real gross domestic product per capita, which is also national

income per capita, sat below 19,000 in 1955. In 2025, it opposed 69,500. Now, these figures expressed

in 2017 dollars thus accounting for inflation. So no, it's inflation, price inflation.

The average American is about 3.7 times better off today than in 1995. Now, that's this is

Mina. That's just in terms of GDP per capita. In terms of actual being better off, in terms of

better technology, instead of the in the sense that what we have available, the ability to

stream like this, we're like 20 times better off. It's not even close. It's not even competitive.

He says, yes, GDP grew faster in 1950s. Real GDP per capita grew 28% from 1949 to 1959.

And only 18% from 2009 to 2019. Slowing growth is a major economic problem today. Yes, we've

talked about that. But be as that as me. We eat levels, not growth rates. We might not be getting

even better off as fast as we were then, but we are still 3 times 3.7 times better off.

And much, much more. He says, how about jobs? In August 2025, 163 million people were employed

in the United States. In August 1955, sorry, in August 2025, 163 million people were employed.

In August 1955, 63 million. In other words, over the last, what is it?

70 years. America's created 100 million jobs. 100 million jobs.

This growth occurred even as manufacturing employment shrunk and machines took over.

People found better and better paying jobs. Jobs, most, most in services.

How's an evangelist for union jobs in the 1950s considered how dirty, dangerous and

mind numbing it was to work in an assembly line? Isn't being a desk drone, a nurse, a bank employee,

or any of 100 middle-level service jobs a lot nicer in addition to better paid?

In 2025, the unemployment rate was a fraction, the unemployment rate, the fraction of workers

looking for a job stood at 4%. That's about the same as it was in the 1950s.

And he goes on and on. Oh, here it is. What about those easy to buy houses?

The average house size in 1950s was about 1,000 square feet.

The famous Leventon houses were 750 square feet. Today, it is about 2,500 square feet,

2.5 times bigger. Even though the average number of people in a house has declined from 3.3

to 2.5, and modern homes are much better. Just by one example, bathrooms, number of bathrooms,

not a mention, insulation, and air conditioning, and dishwashers that come in the house and

are the rest of their appliances that come without? People are choosing larger and more expensive homes.

1950s cars, to minimize age, evoked nostalgia, but they were awful, unsafe rust buckets compared

to today's boring SUVs.

So, yeah, I mean, he goes on and on and on, and all good stuff, all good stuff.

Any acknowledge, some things were better in the 1950s, like public schools and state universities

were probably better. And, you know, out of wedlock births were lower, and public infrastructure

has gotten old and decrepit and hasn't been maintained well, or hasn't been refurbished

the way it should be. There's a bunch of things that indeed have gotten worse.

Yeah, we have troubles, but would you turn back the clock? No way. The 1950s was not

Greece. That's a reference to the movie for those who we don't know. When was the best year for

the U.S. economy? The answer? 2025. With 2024, a close second.

So, yeah, I mean, it's ridiculous. It's absolutely ridiculous. Now, absolutely,

certain parts of the culture have deteriorated, certainly, since the 19th century,

but others have improved dramatically. If you're a woman, when would you either live today,

or in the 19th century, we couldn't vote, and even, you know, gaining property was not that easy,

opening a bank account, not that easy for a woman, huge discrimination against women.

You have to live today? I'm poor women. Maybe that's what makes me a leftist. Maybe we should

investigate what makes me a leftist. The leftist argue. If you're gay, leftist alerts,

me a leftist so much better today. You don't have to hide in the closet,

risk, you know, risk public, ostracizing you, maybe even going to jail in some states.

I mean, leftist so much better and so many different dimensions. Yeah, there are few that it was.

And that's what we need to combat, and certainly our political culture is a lot worse.

But let's keep it in proportion. Economically, there's just no competition.

There's just no competition. Yeah, somebody says for car in the 1950s, you had to overhaul the car

range at 50,000 miles. I mean, you can, you know, I've a Lexus SUV. You can drive a Lexus SUV for

easily 300,000 miles. And no major issue would be my guess. I've driven other cars close to 200,000

miles. No major issue. Nothing. So, yeah. How did we get to nostalgia? I don't know, but thank

you, John Cochrane for, I mean, he's one of my favorite people out there in terms of economists.

He does a good job. He mostly stands out for the right causes. Good guy. Good guy. You can

follow him. John Cochrane. He's got a good sub-stack. All right. What else is going on? Well,

oh, Congress is a past. Another thing the House has done. I don't think this will pass the Senate.

We'll see. But the House has passed what's called the SAVE Act, which Republicans are characterizing

as a basic voter ID bill. I mean, this is the idea that seems reasonable, absolutely reasonable.

Then when you go to vote, you should have an ID that shows that the name you claim to be associating

with, that your name is actually your name. See, you want to legit ID with your picture on it,

the shows that it's you. Now, almost all Americans have driver's licenses because they drive and it's

pretty much become the standard ID in the country. It's how we fly. We use our driver's licenses.

We use it everywhere. And you would think that when you went to vote, all you'd have to do is

show a driver's license, right? And then they would match it to their records of whether you are

a registered authentic legal voter, whether you can actually vote.

But no, Republicans wouldn't make it that easy. Not at all. Not at all.

This basic voter ID bill does not mean a driver's license. Indeed, a driver's license doesn't count.

So, and you can get, yeah, somebody reminds me, you can get a state ID even if you don't have a

driver's license. And of course, the list of voters is supposed to be screened for who's a citizen

and who's not. No, they don't want a driver's license or a state ID. They want a passport,

a passport, or if you don't have a passport, they want to vote certificate with the matches,

the name on your state ID, on your driver's license.

Now, that's a major, major hassle, right? 47% of Americans don't currently have a passport

that matches their current name. If you take both certificates, 11% of Americans lack access

to a birth certificate. And 57 million women have their last names from marriage

that are different on the ID that are different than their last name on the birth certificate,

which is their maiden name. So they would have to update their birth certificate, which most people

never bother and will never bother their entire life to do. But now they would have to do it

in order to be able to vote. And if you've applied for a passport or tried to get a new

updated birth certificate from your home state, you know that it's not an easy process.

It costs money. It takes time. The bureaucracy shurns away. They have all kinds of demands and

requests. They misfire stuff. Bet you might say, what about all those non-citizens that are voting

where their state register is all wrong and they allow them to vote even though they have a

driver's license? Because you can be an illegal immigrant in the United States and some states

and still get a driver's license. So what about those people? Well, they shouldn't be in the registry.

But what if they are? But audit after audit after audit after audit after audit after audit after audit

finds that the number of people registered to vote in the directory that are not US citizens

is a fraction of 1% one in 2500. That means it's less than one tenth of 1%.

How many elections have been determined by that margin? Almost none.

I mean, states like Texas, Georgia, Ohio, Michigan, Utah, Kansas, I've done their own audits.

And non-citizens range from 1 in 6000 to 1 in 2 million of their registered voters.

And even then those illegals didn't vote. They don't want to take the risk. And why would they vote?

A lot of Americans don't vote. Why would illegal vote?

When Kansas did a version of this law, it purged approximately 40 registered non-citizens from the

roles. 40, 40, not 40,000, 40. And prevented 31,000 legal citizens from registering because they

didn't have a passport. They didn't have the bus certificate to match up. 75 legal citizens

stopped by every one non-citizen. What's the cost benefit on that one?

It's insane. The whole thing is insane. I mean, I'm fine with voters, some kind of vote idea.

I think it's a little insane that you can come up and just state your name and then go vote.

So show a voter idea, and that's it. Show a driver's license, some kind of idea, and that's it.

And they would get a lot of Democrats voting for that. That's not that controversial.

And the funny thing is that a lot of Republican voters are going to face not being able to vote

because a lot of Republican voters don't have passports. They're not the kind of people who travel.

And a lot of Republicans, women, are married. The single women are all Democrats.

So Republican women, are married, have their husbands last name. I think that's part of being

a Republican. You have to take the husbands last name. If you kept your own last name, you must be

a Democrat. I think that's one of the left-right splits. So this is likely to affect Republicans

more than Democrats. But that would require Republicans actually think and actually process

information and actually make considerations like that and actually plan through that. And I don't

think they're capable. They certainly do not show any signs that they're capable. Anyway,

this bill is fast at house. We will see what happens to, we will see what happens when this bill

reaches the Senate. It will go, I assume, nowhere. Oh, John says, didn't you run vote for Trump? No,

did not. Never. In 2016, I did not vote. And then I moved to Puerto Rico and then cannot vote.

So in Puerto Rico, I cannot vote for president. So 2020 and 2024, I did not vote. But let me tell you,

if I could vote, I certainly wouldn't vote for Trump. I might not have voted at all,

which is what I did in 2016. I probably would have just stayed home. You know, even though I have

a passport and American one with my picture and the right name on it, or at least the right name. Yeah.

So no. All right. We're going to step back from Trump insanity and just talk a little bit about

Taiwan and in Japan. God, wow, 15 minutes already passed and I go, all right, I think we're good.

So one of the reasons, or maybe the prime reason, Taiwan is so strategically important to the

United States. And why a Chinese invasion of Taiwan should be completely unacceptable to the United

States. Is the fact that TSMC basically produces all the high-end chips micro-processes in the

world today and it is essential for national security, for the economy of the United States to have

access to the chips made by TSMC and those fondries are all in Taiwan. And you know, TSMC is built

up a model for building those chips that really is not being matched by anybody in the world. They

basically, I mean, other companies have adopted this model of Samsung in some Japanese companies.

We'll talk about, but basically the model is that TSMC doesn't design chips. They accept designs

from other companies like Apple and Nvidia and they fabricate them. They make them based on the

design. Most chip design, an overwhelming majority of chip design happens in the United States.

And almost all chip manufacturing happens in Asia. Again, the high-end, almost all in Taiwan,

a little bit in South Korea. Well, because this creates a real national security issue because

what happens if there's war with China, what happens if they build Cade Taiwan and you cannot get

chips out of Taiwan carrying those chips? I mean, that would significantly do massive damage

to the US economy and to use national security because those chips are used for national security.

And of course, the chip act, which is something that the Biden administration introduced,

tried to address that by subsidizing and providing all kinds of financial incentives

to TSMC to build in the United States, for Intel to develop chip building capabilities,

it still makes some chips in the United States, but it needs to get better at it and make

profitable at it. And I talk a lot about chips because I know this is not part of the culture was,

so it's not sexy out there in Tiktok land. But it is super crucial to American national security

and the American economy and to our standard of living quality of life. Those are the issues

that I care about. A lot of the cultural issues are not that interesting to me.

Even though some of them are super important.

casino. So the chip act tried to bring manufacturing problem is,

the United States just, you know, there's a big plant supposedly building in Ohio and there's

a plant in Arizona that TSMC built. None of those plants are actually building the highest end chips

and to a large extent because you don't have the skilled labor in the United States to do it.

You don't have enough engineers. We don't have enough workers. We just don't, we don't have the

personnel to be able to build these things. And we're not going to get them from immigrants

because we have anti-immigration. So we don't want any immigrants coming into the United States

taking jobs Americans can't do. So you're just not going to get the most sophisticated stuff here.

Also, chip making requires a lot of water. I didn't know this. Did you guys know this?

To do to make chips, you need a lot of water. Amazonian Phoenix generally, not a great place to

make chips given water shortages over there. Now they found ways with TSMC to make it more to

somehow get around this and and and and and not dry the place up completely because it's already

dry. But you can't scale that. Ohio is a little better for that.

And you know, Trump is again, taking a position 10% interest in Intel and again,

is trying to encourage TSMC to build more plants in the United States and all this stuff. But where

the employees going to come from, how are you going to how are you going to actually you can't

build them in the US. It's just not going to happen. It's not going to happen. We're not going to

have large scale chip production in the US. And and you're not going to get the top technology.

But and then we need a diversified we like the free world needs to diversify its sources of chips

away from China. And this is where really Japan comes in and certainly this Japanese government

is is certainly on top of this. And there are a number of areas now in Japan.

Are these areas that can get the nice thing about Japan is they have nuclear power and they can

they've got a lot of nuclear power plants they've shut down, but they can recommission them. They can

there's plenty of power because of nuclear in Japan. There's plenty of water in Japan.

And there are a number of regions now, a couple of regions really that are basically developing

the the the technology and the capabilities of competing with the SMC. Japan used to be a chip

manufacturing fabrication powerhouse in the 1980s and early 90s. And a lot of a skill set still

exists in Japan. Indeed Japan to this day is vital for the production of chips. They they basically

the the the elements that go into chip production from I don't know all kinds of

all kinds of semiconductor materials that are very difficult to produce. The coating on the wafer

things like that all come from Japan to Taiwan. So they have a big chunk of the semiconductor supply

chain already in Japan. What they need now is the fab. They have engineers they are actively

recruiting engineers in Silicon Valley to come to Japan by melody Japanese who left Japan and

went to work in Silicon Valley. They're trying to get them back. America is not very hospitable

right now to foreigners. So it's a great opportunity to get them to come back.

And Japan is building up a a a significant fab industry and industry to be able to make the

most advanced chips in the world to compete with and really to provide diversification from TSMC.

One of the differences the Japanese model is that they will they won't do the mass production

TSMC does. TSMC you know will build you know chips for an Apple iPhone which is going to sell

a hundred million copies. You need a hundred million of the chips TSMC can do it. What the Japanese

are specializing in is the kind of chips that AI startups need. Specialized chips

a chips that you want a relatively small batch of and and you know it can take a long time at TSMC

to go from getting the plan all the way to the chip production. I think it's 150 days. The

Japanese are going to cut that to 30 maybe 15 days and they're going to specialize in the small

batches and in the AI side of these chips. And so I think we're going to see some diversification

away from Taiwan. I think TSMC itself is building fab manufacturing facilities in Japan. So it itself

is diversified so that it doesn't as a company will I totally on on its facilities in Taiwan in

case of war or you know some other some other conflict with China. Now it's still true that all

of these assets are in Southeast Asia and China could block the shipping lanes but that's where

the US Navy would come in handy. So a lot of people are calling Japan now the second Taiwan.

You know it used to be Japan was the technology hub at least in chips it moved to Taiwan

now Japan is trying to compete with Taiwan. We'll see how this evolves but they're attracting

a significant number of people from Silicon Valley to Tokyo or not Tokyo. It's outside Tokyo.

It's in one is one center is in the north the other is for the south. These are centers that are

going to be producing chips and important. One other point I wanted to make about Taiwan without

I just found the interesting. I got this email website. I can't remember what it was. Anyway it's

called Visual Capitalist. They do graphs and one of the things they they they they publish this

thing called ranked defense spending per capita by country. So what guess which country in the world

spends the most money per capita on defense which country in the world spends the most

money per capita on defense. I'll give you a minute to think about it you can say it in the chat

but it really I mean I'm looking at this it's super interesting to see this and a little scary

in terms of the countries that maybe don't spend enough money on per capita on defense.

Russia no way Ukraine no way close and Russia's was right yeah no way even with the war

none of these are twenty twenty four numbers even with the war it's no way no way even close

to it's not even in the 10 top 10 let's see for us just in the top 20 it's number 15

Ukraine not even in the top 24 oh no sorry scrapped that about Ukraine Ukraine is number six

so Ukraine's up there Ukraine's up there Poland Poland Poland is none in the top 12

yeah Poland is number 16 so just below Russia on a per capita basis this is all per capita

China oh god you know how many people live in China China where is China um yeah I don't know where

China is let me just see it's not in the top 12 it's not even close to the top 12 in a per capita

I mean just think about how many people live in China it's not gonna be India either because

think of how many people live in India so where is China's number 27 27 on per capita

USA is actually number two USA is number two yeah I mean by far it really isn't even close

and by a big gap with the United States being number two is Israel is all spends about

five thousand dollars per capita on national defense the United States is number two spends

just under three thousand dollars per capita on defense number three surprisingly well maybe

not surprising even where they are in the world is Singapore which spends twenty five hundred per

capita you know fifteen billion dollars on defense right Singapore is at a is right located

at a crucial shipping road it's it's it's new the straits of Malakau one of the straits

that connects South Asia to East Asia that connected the Pacific and and it's crucial Saudi Arabia

of all countries Saudi Arabia spends eighty billion dollars double what Israel spends

on you know military but of course has a much larger population so it spends two thousand three

hundred eighty six but think about it Saudi Arabia spending double what Israel is on national

defense I mean that should scare these railies and then it's no way number five no way is the top

European country in terms of per capita spending Ukraine Denmark quate Netherlands Australia Finland

United Kingdom number 13 is Sweden 14 Germany 15 Russia 16 Poland 17 France 18 South Korea 19

Canada 742 dollars per person on national defense what country is missing from that list

what country would you think would spend a lot of money per capita on national defense

needs to spend a lot of money on national defense give you a minute to think about one country

that I didn't list that should be spending a lot I mentioned UK that's number twelve yeah

Taiwan hey it's cold swindel after I give everything I've got to land a perfect vocal I usually

take five before jumping into the next track and I've learned exactly how to recharge in that time

some folks grab coffee I hit a quick good luck spin next thing you know the break is just as fun as

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I was stunned by these numbers like Taiwan is number 20 it spends seven hundred and eight

dollars per capita on national defense Germany spends more is already said is number one

so Taiwan number 20 Taiwan spends 16 billion dollars a year on national defense which is insane

that's the same as Singapore and yet the Chinese are not invading Singapore they have said

they are invading Taiwan you would think Taiwan would spend real money on its national defense

now they're ramping up but still another country that I've not mentioned that is ramping up

significantly is Japan Japan spends four hundred and forty six dollars per person on national

defense on military spending 55 billion but it's 55 billion versus Taiwan 16 if Taiwan wants to

protect itself against China let's see how much China spends on national on the military it spends

three hundred and fourteen billion so China is the second largest spender on the military after the

United States it's twenty four it's twenty seven hundred per capita basis but something's wrong

with Taiwan if they're only spending 16 billion and you know I think that's pathetic and you know

this is one thing I think Trump is right about that these countries should spend real money on

the national defense before they expect the United States to come and help them and Taiwan needs

to increase spending on national defense significantly I'd like to see them on a per capita basis

be at least where Singapore is which would mean they spend and they should be spending as much as

Israel spends they have a lot larger population Israel spends forty seven billion you should expect

Taiwan to spend forty seven billion I mean it faces China is all faces Hamasam because

Malayan Iran and Saudi Arabia all these other countries but Taiwan's faces China

it better ramp up and quickly Japan better ramp up and quickly South Korea better ramp up

and quickly South Korea spends about the same amount as Israel one fifth per capita on a per

capita basis one fifth I you know these countries need to wake up wake up because that's spending

level will only encourage the bad guys all right what do we have okay we can do this quickly okay

Iran you know we'll keep monitoring Iran the US keeps building up resources around Iran

Trump met yesterday with Netanyahu and they came out of the meeting and basically said

the United States wants to follow the path of negotiations Trump wants a deal Netanyahu doesn't

think he's going to get it a good deal but Trump definitely wants to pursue a deal Trump

also said he's sending a second aircraft carrier group to the Middle East God that's going to take

at least a couple of weeks to get there so that is not going to happen I am actually for the first

time ever you will hear me say this yeah this is pretty shocking I am now for a delayed strike

on Iran I do not want to strike anyone to happen in the next week as of next Thursday I'm okay

but until next Thursday I'm all in gonna pose an Iranian strike not that anybody listens to me

and that's because my wife just flew to Israel her mother passed away and she flew over to be with

her family and I don't want I don't want her to be there when Iran retaliates against Israel so

once she's come back once she's back in Puerto Rico go for it guys that's good but anyway

back to the back to the the point is I don't know what Trump's doing he's negotiating

the out of the deal the deal so far I've not looked very good not looked positive but the deal

is he's gotten for anybody else but he will you know he will continue to pursue them and

the carrier group is serious about it it's at least two weeks they're not ready to deploy yet

there's enough assets in the Middle East right now by the United States to

destroy Iran many times over there's enough assets in the Middle East right now to protect

most of the Middle East against Iranians incompetent army and military there's no

air force other is a ballistic missiles there's so many anti missile batteries there

you would think this would be it but Trump is the lane the lane the lane the lane the lane the lane

in the meantime in the meantime Iran just celebrated the anniversary of the 1979 revolution

and the UN Secretary General congratulated the Islamic Republic of Iran

on the anniversary without mentioning the fact that they just killed 40,000 of their own people

not a word this is the UN the deadliest two-day massacre in Iranian history and maybe

in the last 70 years in in a you know of their own people

where the government just slaughtered them and the UN congratulated the administration

the regime on achieving I mean in addition just as a UN you know the UN always always is so

good at this the Islamic regime in Iran has just been elected as vice chairman of the UN's

commission for social development the priority themes of the commission are promoting democracy

gender equality and insurance tolerance and in ensuring tolerance and nonviolence

can you think of a regime less qualified to be on such a commission than the Iranian one

maybe the Afghan they compete on whose more against gender equality and nonviolence nonviolence

a regime that just killed who knows how many but by some measures close to 40,000 of their own people

in addition the regime has invited influencers from Tiktok and YouTube and everywhere else to come

to Iran to help celebrate the anniversary of the Islamic revolution particularly from the UK

and from Europe and many have gone and you can find online all these influencers

of reporting from the midst of Iran about the wonders of the Islamic revolution and

the wonders of Iran today and how beautiful and amazing and how happy the people really are

and no mention of the slaughter of 40,000 Iranians by their own regime just a few days ago

I mean the BBC, BBC News at 6 from Iran you know basically reported on you know the you know

it focused on economic woes right and the protesters foreign backers but generally white washed all of that

in the name of celebrating the Iranian regime I mean the BBC has become a propaganda arm for the mullahs

for the mullahs it's just insane now I don't know what's going to happen you know the the

challenge I think everybody has is what happens if you kill how many who replaces him you would think

the US is negotiating with the alternative opposition regime opposition figures you think

that they'd have some kind of solution for that Israel can probably destroy this regime but it can't

replace it that would require kind of the US heft but I don't know if the US is willing to do what's

necessarily and I don't know what Israel does if Trump signs a bad deal with you on

Netanyahu has said that Israel reserves the right to attack you on even under those conditions but will he

I do not know but look the good on the good side on the plus side

the US has deployed a lot of military assets to that region and it's hard to believe

they're just there to flex muscles and not to be used indeed there's a limit to how much

you can keep those kind of military assets on higher load particularly an aircraft carrier group

for how long can they stay out there weeks months but at some point they have to come home

so at some point there's either going to be a deal or there's going to be a war I know which one

I'm moving for I'm moving for war but

fuck off f of Trump traitor who's the Trump traitor I mean Trump is a traitor I don't know

about a Trump traitor but Trump is a traitor is this using me being a Trump traitor I don't know

what that means my traitor to Trump yeah proud of it I one good thing the United States supposedly has

done although you know it has limited impact according to what's the journal Trump administration

quietly help move about six thousand stalling satellite terminals into Iran after the regime

shut off the internet so that more Iranians could hear Donald Trump Donald Trump say

they should go on into streets because help was on its way so the more people could got you know

got killed based on the false promise of of Donald Trump look I'm off if Trump won't do it if

America won't do it then Israel should do it Israel together with the Iranian people should

topple this regime and and get rid of it talk him out regime toppling

all right yeah just a mention about Venezuela Donald Trump today posted just this glowing post

about Venezuela he says relations between Venezuela and the United States have been to put it

mildly extraordinary we are dealing very well with President Delanci Rodriguez and

who representatives oil is starting to flow they large amounts of money unseen for many years will

soon be greatly helping the people of Venezuela Marco Rubio and all the representatives are doing

a fantastic job but we speak only for ourselves and don't want there to be any confusion or

frustration he's commenting on some story in the Wall Street Journal anyway Trump seems very happy

with the current authoritarian regime in Venezuela at Trump and his administration seem and know

hurry or have no intention to try to bring Venezuela any kind of political freedom while political

business have been released they could all be they could all be recaptured anytime when this

regime decides when the Venezuelan regime decides to do so right now they're cooperating with Trump

because his focus is there and it's under their under threat his focus could wander to somewhere else

very quickly and in the military assets that we have in the Caribbean could go elsewhere

and suddenly the Venezuelans would shift it's horrible that you know the United States

did what it did and yet it's completely happy it's not denouncing has no criticism of the authoritarian

nature of the regime that they have allowed to be in place in Venezuela it's just you know

they got mature but the entire criminal regime that's there is going to remain in place and we're

going to pretend like everything is normal now look I you know I don't think it's a United States

job to replace the regime in Venezuela but if you're going to do it then do it and if you're not

going to do it don't do it I don't understand exactly what the whole point of the whole exercise

was except to get them to cooperate with the US but by doing so we're sanctioning now a

dictatorial regime that is going to oppress its people even if it isn't right now because it

doesn't want to upset Donald Trump. Hello it is Ryan and I was on a flight the other day playing one

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and live the chumbacino. All right finally a quick video I want you to watch

that somebody sent me, Drinn sent me thank you, Drinn and this is a you know a pretty

we must do an amazing video this is the Prime Minister of Germany Moots. I've told you this

before he's been saying some very good things and this is a surprisingly very good thing that he

is about to say and maybe as somebody said earlier that the best thing Trump has done maybe is

Trump has been very good to Europe because he's woken to Europeans up he's forced to Europeans to

I don't know grow up and come from outside of America shadows and maybe start thinking about

how to grow the economy how to defend themselves all of this stuff all this important stuff

and this is much about deregulation in the EU listen to this I mean I would like to hear an American

any American politician say this we must deregulate every sector and I call for a regulatory

clean slate a regulatory clean slate we must deregulate every sector that's stunning

for an American for European it's science fiction minor corrections to laws are not sufficient

we need to systematically review the whole set of existing EU legislation we have to

systematically review the whole set of existing EU legislation I mean I don't think he has

support from other people in the EU but wow that is pretty bold it's pretty now we'll see what comes

of it I've told you that there are little things that are coming out of this that involve deregulation

in Europe but this is large scale fundamental changes to the way the EU functions this is good

news for all of you in Europe this is good news for the West more broadly this is

this part of I think a real revolution and potentially in Europe now again we'll see

if into what extent it is taken seriously and it's actually live up to it if they actually

follow through on it you know I don't know I don't know but it's exciting to imagine the possibilities

imagine a Europe that was deregulated imagine what would be possible in a Europe that was deregulated

and now you have the major country in Europe Germany calling for such a deregulation of course

Germany could do a lot of deregulation inside Germany even without EU help and we'll see where the

emotes this government is actually willing to do that willing and capable of doing that I don't

know if they have enough support in the German parliament to pull it through but let's hope

let's see what they do all right guys that is the news ended on a positive note this Thursday

February 12th and I will yeah catch you know we will turn to our super chat turn to our super

chat I want to remind you that the way to support the show is you can do a sticker any amount

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a lot uh from him and finally that right next to you is encouraging hoping that you guys will

join us yeah Rimo you and and others join us in a portal portal Portugal sitting in Portugal

Northern Portugal uh on um I think so we can of April 18th for our annual Ironman conference in

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I have more to say about the program once they once they update it uh which should be uh I guess

should be soon uh finally uh yes those are all the sponsors I'll remind you again I got

I got Patrion remind you again about super chats and uh we will turn to oh I want to remind you

again about London I will be in London February 28th doing a seminar on capitalism everything

you wanted to know about capitalism were afraid to ask or didn't know who to ask or didn't ask

or didn't super chat in the ask in the super chat you can you can come I mean it's called

in defense of profit why prosperity doesn't need permission it will be in central land

London on Saturday February 28th from 1 to 5 pm we will then go together to dinner somewhere

and hang out so a lot of face time small group normal than 15 10 12 would be ideal uh sign up on um

you can you can uh it's an ever bright website ever bright if you do you run broke London you

could probably just find it on google but I'm gonna post on the chat here the URL of the ever

bright website but also if you go to uranbrookshow.com uranbrookshow.com scroll down to my events find

event in London click on tickets and it'll send you to ever bright it's 300 pounds per person small

group this will be a lot of fun we you know uh so uh join us and uh and uh for this all right

I think that's all the announcements we can now go to our super chat so let's start with a hundred

dollar super chats oh right Lincoln song request in my life specifically the no doubt version from

2003 all right I'll do it awesome and Lincoln last super chat for a while song request

hello heaven hello heaven hello by Jungblood oh Jungblood I don't know what Jungblood is

anyway done we'll do that too and then Dave uh hey Dave haven't seen you know what Dave says

can you review the song winning by I thought that was netflix but it's not it's nefx I don't know

what nefx is never never heard of these people I haven't heard of Jungblood I haven't heard of

no doubt and I certainly have not heard of neflex nefx nefx uh it says he's probably the first mainstream

alternative rock artist influenced by Iron Man well I mean I don't know how you define

alternative rock right so but okay I'll review it done thank you guys that's three hundred

dollars for song reviews really really appreciate the support and that helps a lot and that basically

guarantees that we made out to our target I don't know if we're gonna go to the third hour not

that many questions today so we'll see all right Wimo Wimo says you once said that a show like Mr.

Sunshine could never have been made in the west because we're too cynical for that can you

elaborate on that yes I mean it's it's pretty straightforward Mr. Sunshine is a show about values

it's about people taking values seriously and fighting for them step into the world of power loyalty

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serious real conflict of values the heroine has a top value

her country as a patriot and her second value is her love of the male of the of the male lead

in the show the male is not patriotic this country has not treated him well

he is not it is not his top value she is she has a man in love with a woman but the woman's

top value is not him she's in love with him no question she's in love with him but her top

value is the fight put top values the fight against the japanese uh uh uh for uh career

and this is taken seriously throughout it's integrated and it's taken seriously throughout

there's also other characters in it like you gotta believe the guy who wrote mr. sunshine red

Atlas shrugged because there's one woman an amazing woman an amazing woman right a fighter

and three men who fall in love with her one of them is a outlaw

who has principles has standards that sound familiar other one is a playboy

stops being a playboy and becomes serious about values

because of his love of this woman and the third one the one she actually has a relationship

you can call it that is a um is the ideal man he's he's just a guy so so you've got here

everybody involved is oriented around values and everybody's involved

is oriented around this one woman even the other other woman who plays a major role here

is oriented over values around this and around this other patriotic woman and around the battle

she's fighting and everything is taken seriously there's no cynicism about the patriotism

there's no cynicism about love there's no cynical banter around the fact that three men are in

level with one woman they just pretty much all of them accept it and they're all friends

in spite of that you couldn't make a show like that in the US I mean everything in the US

whenever values are mentioned they're immediately undermined and if there's a value it's kind of a

obviously altruistic value it's not built up as as a basically self-interested one

and they can't maintain it and you know love real love romantic love and fighting for that love

and what it means to fight for that love and what it means to give you all for that love

you just don't see that in American movies and American TV shows they undermine love they you

know they undermine I mean heroism maybe in some action movies would usually superficial here

there's real heroism and motivated by things that are real and you've got to conflict around

patriotism which again in many countries like America you can't have a good guy who's

conflicted about supporting America we'd write him off but here there's a good guy who's conflicted

about supporting South Korea even though he understands the Japanese are the bad guys he's not

willing to actually risk his life for the Korean side because it's not a value to him for reasons

that you will discover on the show I mean there's a lot in the other show I really like the

Korean shows called my country which is also about patriotism and the conflict around patriotism what

does it mean to be patriotic to regime you don't agree with you don't like and and what is

what does it all mean what does that mean and what kind of conflicts does that create really the

Koreans are really thinking about these things and struggling with these things in an interesting way

and it's it's real art real values that stick so that's why I said it couldn't make it again

cynicism the undermined values what what is a show that takes value seriously what's a big show in

America that takes value seriously I mean there's something in a show like the pit but the pit is

it's purposefully very realistic and the heroism of the doctors is a realistic this is a day

it's a chosen profession I'm trying to think if there's an action show what I mean if anybody has a

non-synical TV show on American TV that is about people really pursuing values I mean think about

a show like succession which was so so successful or even previous so or that the successful show

in Apple they're all like they're all undermining of real values

so the heroine and previous is she's a kind of individualist but she's also cynic and angry and

unhappy but we just so badly made oh come on we just it's not a good show it's and it's it's

badly acted it's not well-made yeah I mean he's a good guy he fights the bad guys and but it's

just superficial and there's no real values and love and and and understanding of what values mean

so I don't know station 11 maybe station 11 anyway you know the the extent Bosch is so dark come

on he's so dark the they're the fighting demons isn't the cop and Bosch constantly fighting his

own demons yeah we chose a flat character there's no depth to it there's no interest

justified was pretty good but even justified he's constantly undermining himself he's constantly

making fun he's going for laughs that he was a flawed hero his relationship with his wife is

terrible there's not the kind of drama and love that that you get in in in Mr. Sunshine

commitment to you know a commitment to the loved one it just it just doesn't

yeah the expense is okay I mean it's it's as good as it gets but even the next batch they constantly

have to be humors they constantly have to make fun of each other in some way so the expense is

about the best right out there although some of the science fiction stuff is BS but it's a character

driven it's a good character driven stuff so yeah Mr. Sunshine one of my favorite shows of all time

maybe my favorite show of all time yeah I mean they all have I'm not saying there's no good TV

on America there's a good there's lots of good TV I watch a lot of it it's just always includes a

real cynicism about the world and a skepticism

Mike is the money the Trump thank you Rimo for the $50 $60 $70 $60 euro thank you

is the money the Trump is shunting to Qatar supposed to go to the U.S. Treasury or is it the whole

affair so extra legal that there is no law that applies also can Trump use the money to bypass

Congress in his activities so it's nobody knows so it's extra legal it's outside the law there's

no law that applies to it it's not supposed to go to this money it's banking on a Qatar it's suddenly

not supposed to go to the Treasury it's not oil owned by the United States most of the money is

going to go to Venezuela what happens to the leftover I assume Trump will allocate it based on whatever

he feels like so yeah I mean it's it's it's it's it's not anything that there's a precedent for

or there's a law for it's certainly outside of it's outside the realm of of of of our legal

institutions so who knows what he could do with that money but most of it is going back to Venezuela

to the regime in Venezuela not to private enterprise in Venezuela to the regime why not just

privatize it all why should the U.S. get any of the money why shouldn't Chevron and Exxon or whoever

get the money Michael you know the worst thing about these immigrants they're like those

capitalists self-motivated greedy selfish egoists yeah I mean I wish they were more so but yeah

many of them are and at least in why did they come to the U.S. out of a selfish greedy egoistic

motivation to make their life better that's what motivates them and that that obviously is horrible

not you have a job with them is tech harder to regulate than finance because the culture views it

as less nefarious yes absolutely people understand iPhones AI search engines credit default swaps

and loaning money at interest is much it's too much for them yeah I think that's definitely

a big part of it it's also that it's new government never really got around to it it hasn't built up

the the kind of the propaganda and the the the ways in which to do it remember banking's been here

for ever so it's been regulated forever and you're just tweaking right for for new products but tech

is new and tech came into adulthood in the 1980s in a period where the government was less inclined to

regulate at all so it really is only last 15 years that the government has really embraced more

regulation after a period of embracing relatively speaking less regulation and they just haven't caught

up they're trying and then by the time they catch up the tech companies have all got gazillions of

dollars to lobby against it so it is also cronyism or to lobby against some regulations but not

against others depending on what they prefer Thomas says the Vienna Philharmonic playing Beethoven

7th for the next Super Bowl halftime show it would be very un-mega and very awesome it would be

nobody would watch it though unless you had some female dance is you know shaking to you know to

Beethoven 7th that would be interesting to watch could you could you create a modern sexual dance

to Beethoven 7th because you know that that was the that's the only thing people were actually

watching during the Super Bowl show they didn't understand the lyrics and the music was completely

uninteresting and he doesn't really have a voice so it's the only the dancing and I've

noticed that in all of these I mean in all the Super Bowl shows it's the dancers that you watch

it's not anything else but yes Beethoven 7th would bring a different audience to the Super Bowl

and the Vienna Philharmonic would be perfect for that just what you need is that German cool

sorry Austrian cool I don't want to insult the Austrians for being German

not that I meant the German as an insult God I got myself into trouble there all right

even says I will go out on a limb and say Trump is the best thing that has happened in a long

time to Europe I think you're right I think I think of all I mean to Israel as well you know

the Israel's now has a plan in place to be completely free of all US aid within 10 years now I

wish they do it in three or two or one but 10 years is better than nothing and they're talking about

it seriously and they're talking about how do they disentangle themselves from dependence on the

United States and I think that's Trump that's the unpredictability of Trump is causing Europe to

become more independent and spend more on defense spend more you know deregulates economy

so yes I think Europe is the greatest beneficiary of the Trump presidency

Jonathan what should happen to the property and money of someone who dies without a will

or any next of kin hmm good question um what should happen to the property

I mean my guess is that in a in a rational state the state would take it use it to buy defense

and you know to to do the things appropriate for the state to do so I think I think the state would

take it in a state like today the state would take in reduce everybody else's taxes I don't

and if it was you know actual property sell that actual property and use the money for that so

I can't think of what the alternative solution is

that's why it's important to have a will so it's it's auctioned it off for but for whom

who gets the money so if you don't have any next to Ken and you don't ever will I think the state

not you have a child go to them what people tolerate selfishness in areas they understand and

directly benefit celebrities athletes tech innovations like SpaceX walker chips and self-driving cars

yeah I mean I think within scope they do you know they they act our way in their own lives too

the the selfish they just for guilty about it and uh you know if you're an athlete you can say

outrageous things positive because we don't take you too seriously you're an athlete after

we're after all um but you know if you're in certain products it's okay to make money but not too

much enough for too long I mean if SpaceX becomes big and is very profitable it's not I don't know

how profitable it is but if it was very profitable the tide would turn against them

celebrities because they're actors people can people you know get they they know the value they

get directly from them and they find a core that they are celebrities so they're willing to tolerate

their wealth the same with athletes but not much more than that say yes if they can see the direct

benefit to them concrete direct benefit to them they're willing to accept it Liam is Trump

concerned attacking Iran will further alienate his isolationist anti-semitic base but at the same

time doesn't he want another excuse to flex his power I think yes to the first one he's definitely

concerned about his base but he's worried about I mean Venezuela was very narrow so he's

worried about flexing the power and so was the first bombing of Iran everybody's telling him if

you already run it's complicated it's gonna be hard you're gonna have to do a lot it's not just

one time bomb and go away and he's worried about failure he's worried about

entanglement he's worried about owning a civil war he's worried about all the negatives that

are possible flexing his power is attracted but on the other hand though all these negatives he's

he's very concerned about and he's not a risk taker he's not a risk taker so he wants to you want

to make sure he can't get some of what he wants through negotiations but the factors negotiations

won't get him what he really wants it certainly won't get what Israel wants so negotiations could

lead to Israel having to attack Iran by itself and then what will there still be negotiations

after that and what will Trump do to Israel it's it's a very sad situations where

James thoughts on Trump withholding federal funding to rename Penn station Trump station I

can't imagine the narcissism it seems middle America thought making a three-year-old king was the

way forward yeah I mean what do you think I would think about that James I mean it's like yeah it's

insane it's unbelievable narcissism you know the Kennedy Center which you renamed the Trump

Kennedy Center artists withdrew wouldn't perform in the thing so now he shut it down for two years

of renovation which is gonna cost you and me taxpayers a huge well maybe not me but you a huge

amount of taxpayer money to renovate the Trump Kennedy Center all because he had a stick his name

on it and then nobody would want to perform there so yeah he might as well shut it down because

nobody want to perform there maybe this is a good chance to privatize it the guys are not

and I have no idea you know people still get upset at me when I say he has an economic understanding

of a five-year-old and he has the mentality the narcissistic mentality of a five-year-old

you you think a three-year-old I think a five-year-old but yeah it's horrible and it's disgusting and

the fact that people tolerate it and just yeah okay I mean he does more crazy stuff in one day

than any president probably ever has done in a month or year I mean literally crazy nutty things

like that the thing you wrote about the Canadian bridge I mean it's just insane

toolbox have you read total boomer luxury communism by West Green yes I mean basically

the the ultimate I think it's the same thing that we're talking about the ultimate point of

that essay which I I've been saying for decades now is that we are built a system in the United

States that it's a massive pyramid scheme that basically penalizes and taxes young people

for the sake of boomers we have made a security relatively you know lucrative

Medicaid is an unbelievably lucrative and and program that just throws money at old people

old people in that sense are living the life they're getting so security they're getting

Medicare so they don't have health insurance costs and then on top of that hopefully they saved

money and you know none of these are means based so even if you're a millionaire or a billionaire

whatever you still get so security and Medicare and who pays the so skewed Medicaid it's not like

somebody saved all the money you put in and now you're pulling money out of it money out of it no

in order to fund your so security in your Medicare or my Medicare and my so security

we have to talk to tax young people take their money and transfer to old people

who can then retire and go on vacations and you know live a pretty good life at the cost of their

grandkids which is morally obscene toleratic here from 2311 racing victory lane yeah it's even

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it is completely insane but that's the system we built in this country and that's why you

can't reform entitlements because it's not the poor school the poor it's a middle class that's

benefiting primarily and it's obscene and yet the middle class dominates old middle class dominates

and you're not going to vote against it and even young people feel bad about about this

because hey how can we not help old people how can we not help our grandparents what why should

you they should have saved for retirement now granted it was promised to them see you have to

find ways to phase it out and you know in the process i wouldn't mind means testing it

but at the end of the day it has to go it's a corrupt system so yes i read that and i think

he makes a good point p-gupter what tariffs going to replace income tax no i i talked about this

extensively in the show they cannot replace income tax it's mathematically impossible for them

to replace income tax tax would have to be something like 150 percent 120 percent something

well over in the three figures but if you raise tariffs that much people stop buying imported goods

and then revenue goes down so there's just there's just no way mathematically

to replace income tax it's never going to happen it cannot happen

and and it was always understood it couldn't happen even though trump was making the statement

but it was a absolute unequivocal lie which anybody who knows basic arithmetic could figure out if

they just looked at the numbers hop a camber will health care prices decrease substantially

as boomers die off um yeah demand will come down as boomers die off a demand will come down

slowly um you know whether prices go down or up will depend on supply supply could come down

a lot too it's hard to tell so uh it depends both the demand is supplied demand definitely will shrink

also employment in health care will go down because uh most of the most of the increases

in uh jobs over the last few years have been in health care and yet that's all because baby

boomers are retiring and sick once they die off that goes away and and the use economy has

you know you have to find other jobs for people who used to walk in health care

Kim atlas society said ice is a legitimate government agency

well if you don't already know what i think of the atlas society i think now you know because

i mean there are there are amateurs there nobody's i can't believe

ruptus skin trisinski said that um so i don't know who in in atlas society said that maybe

ruptus iski said it but i can't believe he justifies ice's behavior uh he's better than that and

he's written some good stuff on trump so i don't know who atlas society said that uh some people

that atlas society uh on uh uh trump zombies and and they will justify anything he does

so i have no respect for that organization zero zilch nada maybe they do good animation but

that's about it they have no understanding for the philosophy hoppa Campbell is industry not

regulated to the point where it can no longer keep keep with the status of an inflation we can grow

faster than they can strangle i still think we can go faster than they can strangle i still think

there's enough flexibility use economy keep showing that keeps keeps doing it so um we still have

a lot of flexibility in the economy i don't know how long it can survive how long it can survive

and growth is slow but just imagine what would happen if we actually liberated business

but i don't think it's quite at the point where it's impossible

woman what exactly are they saving the election from fraud to saving the election from a bunch of

illegals tilting the election away from trump fraud basically they claim right newly then how many

members only videos do you have that go over different essays of Iron Man can you make a youtube

playlist that contains these videos well they're members only she'd have to be a member to do

that maybe you are um i think i only have two i think i only have two i didn't missing link

and selfishness without a self so linda says condolences to the wife and her family i appreciate that

thank you um you know it's one of these things that are inevitable as uh our parents get

significant as older and get into the ages way yeah it's just a matter of time um all right thank you

everybody i really appreciate it uh and uh i will see you tomorrow and Friday well tomorrow is

Friday i will see you tomorrow Friday and Saturday and Sunday and Monday and you know we'll see you

for the rest of the month and remember for those of you in uk and europe wherever come on over to

london and uh come hang out with me on uh February 28th and sunday we can go to a museum

if you're coming for the time all right see you tomorrow bye everybody